U-SIGN: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
U-SIGN
Largest movements
- Cash -€39,461
down €39,461 (-19.6%), from €201,075 to €161,614
mainly Accrued charges and deferred income (-€34,994) and Tax, wage and social debts (-€33,782)
- Receivables within one year +€7,860
up €7,860 (+11.6%), from €67,813 to €75,673
of which Other amounts receivable: +€7,210
- Tangible fixed assets -€3,982
down €3,982 (-15.5%), from €25,729 to €21,747
of which Furniture and vehicles: -€17,044
- Accrued charges and deferred income -€34,994
no longer reported in 2025 (was €34,994)
- Tax, wage and social debts -€33,782
down €33,782 (-30.8%), from €109,728 to €75,946
- Profit (loss) carried forward +€19,146
up €19,146 (+20.6%), from €93,054 to €112,201
- Current portion of long-term debt +€13,805
up €13,805 (+126%), from €10,926 to €24,731
- Debts after one year -€11,566
down €11,566 (-62.1%), from €18,623 to €7,057
- Gross operating margin -€108,709
down €108,709 (-58.1%), from €187,199 to €78,490
- Taxes -€22,805
down €22,805 (-57.6%), from €39,577 to €16,772
- Financial income +€7,304
up €7,304 (+73,037,900%), from €0 to €7,304
- Depreciation +€6,531
up €6,531 (+38.3%), from €17,044 to €23,575
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €298,367 | €262,784 | -€35,583 | -11.9% |
| Fixed assets | 21/28 | €29,479 | €25,497 | -€3,982 | -13.5% |
| Tangible fixed assets | 22/27 | €25,729 | €21,747 | -€3,982 | -15.5% |
| Plant, machinery and equipment | 23 | - | €13,062 | +€13,062 | |
| Furniture and vehicles | 24 | €25,729 | €8,685 | -€17,044 | -66.2% |
| Financial fixed assets | 28 | €3,750 | €3,750 | = | 0.0% |
| Current assets | 29/58 | €268,888 | €237,287 | -€31,601 | -11.8% |
| Amounts receivable within one year | 40/41 | €67,813 | €75,673 | +€7,860 | +11.6% |
| Trade receivables | 40 | €67,659 | €68,309 | +€650 | +1.0% |
| Other amounts receivable | 41 | €154 | €7,365 | +€7,210 | +4,673% |
| Cash at bank and in hand | 54/58 | €201,075 | €161,614 | -€39,461 | -19.6% |
| Total equity and liabilities | 10/49 | €298,367 | €262,784 | -€35,583 | -11.9% |
| Equity | 10/15 | €111,654 | €130,801 | +€19,146 | +17.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €93,054 | €112,201 | +€19,146 | +20.6% |
| Amounts payable | 17/49 | €186,713 | €131,984 | -€54,729 | -29.3% |
| Amounts payable after more than one year | 17 | €18,623 | €7,057 | -€11,566 | -62.1% |
| Financial debts | 170/4 | €18,623 | €7,057 | -€11,566 | -62.1% |
| Amounts payable within one year | 42/48 | €133,095 | €124,927 | -€8,169 | -6.1% |
| Current portion of amounts payable after more than one year | 42 | €10,926 | €24,731 | +€13,805 | +126% |
| Trade debts | 44 | €12,290 | €14,249 | +€1,959 | +15.9% |
| Suppliers | 440/4 | €12,290 | €14,249 | +€1,959 | +15.9% |
| Taxes, remuneration and social security | 45 | €109,728 | €75,946 | -€33,782 | -30.8% |
| Taxes | 450/3 | €109,728 | €75,946 | -€33,782 | -30.8% |
| Other amounts payable | 47/48 | €151 | €10,000 | +€9,849 | +6,533% |
| Accrued charges and deferred income | 492/3 | €34,994 | - | -€34,994 | |
| Remuneration, social security and pensions | 62 | €8,878 | €7,268 | -€1,610 | -18.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,044 | €23,575 | +€6,531 | +38.3% |
| Other operating charges | 640/8 | €3,353 | €3,041 | -€312 | -9.3% |
| Gross operating margin | 9900 | €187,199 | €78,490 | -€108,709 | -58.1% |
| Operating profit (loss) | 9901 | €157,924 | €44,606 | -€113,318 | -71.8% |
| Financial income | 75/76B | €0 | €7,304 | +€7,304 | +73,037,900% |
| Recurring financial income | 75 | €0 | €7,304 | +€7,304 | +73,037,900% |
| Financial charges | 65/66B | €3,652 | €4,227 | +€575 | +15.8% |
| Recurring financial charges | 65 | €3,652 | €4,227 | +€575 | +15.8% |
| Profit (loss) for the period before taxes | 9903 | €154,272 | €47,683 | -€106,589 | -69.1% |
| Income taxes | 67/77 | €39,577 | €16,772 | -€22,805 | -57.6% |
| Profit (loss) for the period | 9904 | €114,696 | €30,911 | -€83,785 | -73.0% |
| Profit (loss) for the period to be appropriated | 9905 | €114,696 | €30,911 | -€83,785 | -73.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.